Three Manufacturers Merge to Form Robotics CompanyNovember 1, 2018
A newly formed collaborative robotics company, the result of merging three end-of-arm tooling companies—U.S.-based Perception Robotics, Hungary-based OptoForce and Denmark-based OnRobot—will be led by Enrico Krog Iversen, former CEO of Universal Robots, with financial support from the Danish Growth Fund. The new OnRobot, headquartered in Denmark, looks to lead the growth of collaborative robotics, an industry expected to reach $8.5 billion in sales by 2025.
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